What are the ongoing expenses for a miniature golf course? The good news is that after the initial expenses to open a course, the ongoing expenses are relatively minor. Some of the costs will vary by business location and size, but utilities should be about $1,500 a month, and insurance about $500.
Full Answer
How much does it cost to open a mini golf course?
What are the costs involved in opening a miniature golf course? The costs of opening a mini-golf business vary, but typically run up $500,000.
Does a mini-golf course add value to your property?
A well-planned solidly built mini-golf course in your backyard – even if simple and small – increases the financial value of your property. Although, remember to keep your construction in proper maintenance and shield it against direct sunlight and rainfall, e.g., with weather-resistant tarpaulin.
How do I protect my miniature golf course from being sued?
Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your miniature golf course is sued. You can form an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee.
Is mini-golf a good business?
Operating a mini-golf business is an extremely fun and very profitable enterprise. Compared to a traditional golf-course, mini-golf offers cheaper startup and operation costs, as well as more consistent and varied clientele. One of the greatest challenges of running a traditional golf course is its management.
How much does it cost to start a golf business?
Large Indoor Golf Businesses The largest golf centers we studied cost between $750,000 and $900,000 to open. 7 to 10 simulators were the norm for this group and the facilities were between 6,800 and 12,000 square feet.
What materials do you need to build a mini golf course?
Build your course with any available combination of bricks, wood, aluminum siding, whatever works. The game is best played with a croquet set, because the balls are larger and easier to control, but golf equipment is fine, too, especially for advanced players.
What is the maximum height a mini golf hole can be elevated?
The federal government regulates the slopes of miniature golf courses. The new standard "permits a slope of 1:4 maximum for a 4 inch rise where the accessible route is located on the playing surface of a hole."
What is the area of a mini golf course?
between 15,000 and 22,000 square feetThe recommendation for an 18-hole miniature golf course is between 15,000 and 22,000 square feet for the playing surface. However, a site as small as 9,000 square feet can be accommodated. The clubhouse and parking areas are additional to the playing surface.
How do I set up a putt putt course?
Miniature Golf (Putt Putt) CourseStep 1: Materials. Purchase or scrounge the material. ... Step 2: Build the Bases. Build 4 by 8 rectangles with pressure treated 2x4s. ... Step 3: Create Bases for the Courses. ... Step 4: Mount Rectangular Bases Onto the 4x4 Foundation. ... Step 5: Put on the Carpet. ... Step 6: Finishing Touches. ... 4 Comments.
How wide is a putt putt hole?
2.5-3 feetThe average length of each hole is 30-45 feet and average width is 2.5-3 feet. The TYPICAL CHALLENGES offered in the game of golf as encountered in this course are as follows: 1. 2.
What are fails in mini golf?
fails, a number. reach, which is in inches. played golf, a number of years. Rob's opinion, a phrase or sentence attributed to co-host Rob Riggle.
How many strokes is the typical miniature golf hole?
Rules of Stroke Play 5 stroke limit per hole. 3. One stroke penalty if: Ball jumps fairway – play next shot from spot where ball jumped fairway.
What is a good score in mini golf?
In training players will look to find best ball for each lane to achieve the highest possible ace percentage with optimal strokes. Players aim to score as close to 18 shots per round, with the record on the Miniaturegolf being a perfect score of 18 strokes.
What is the difference between crazy golf and mini golf?
In crazy golf, these are found on the playing surface, and players have to putt their ball through or over them. In adventure golf, the features are often next to the holes, with players instead having to negotiate humps, bumps and big slopes. Minigolf is the umbrella term for the sport as a whole.
What's the difference between golf and mini golf?
While both games typically include a course of 18 holes, a golf course can stretch to around a hundred acres of land, where a mini golf course is rarely more than one or two acres. This discrepancy in size offers some differences that go beyond just playtime.
Who invented miniature golf?
Thomas McCullough FairbornIn 1922, the golf aficionado Thomas McCullough Fairborn developed a new artificial green made out of a mix of cottonseed hulls, sand, oil, and dye. This changed the miniature golf game and made it accessible almost anywhere. In the late 1920s, New York City boasted over 150 rooftops with miniature golf courses.
How do you make a mini golf course in your backyard?
1:483:09Turn Your Backyard Into A Mini Golf Course - YouTubeYouTubeStart of suggested clipEnd of suggested clipIt over here and I've been surprised how many holes we can fit over there and the shape and theMoreIt over here and I've been surprised how many holes we can fit over there and the shape and the beauty. And it's just the coloring it brings into the backyard it's been so. Fun.
How do you make a mini golf out of cardboard?
DirectionsGather recycled boxes.Cut out large holes in the front and back of the box. ... Paint or use markers to decorate the boxes. ... Use the construction paper, markers, tape, and bamboo skewers to create golf flags. ... Then head outside to set up your golf course.
How do you build a golf course in your backyard?
3:4610:03I built a backyard golf course for under $100! - YouTubeYouTubeStart of suggested clipEnd of suggested clipAnd I think if I get the cups. And put it all together have some foam balls you know hitting matMoreAnd I think if I get the cups. And put it all together have some foam balls you know hitting mat because the yards a little muddy right now but there is some grass some good spots.
How do you make a crazy golf hole?
0:147:00[DIY] How To Build A Putting Green / Mini-Golf Hole At Home - YouTubeYouTubeStart of suggested clipEnd of suggested clipBuild so for this project what you're gonna need are two pieces of two by threes that are eight feetMoreBuild so for this project what you're gonna need are two pieces of two by threes that are eight feet long two pieces of one by twos that are eight feet.
Price of Land for Mini Golf Courses
A large bulk of a business owner’s capital for a mini golf course will go towards purchasing land. The price of land is largely determined by location. For example, more rural areas tend to be cheaper than urban ones.
Developing the Mini Golf Course
The next big expenditure in owning a mini golf course comes in designing and constructing the course. The best way to approach this is by teaming up with a professional company that has been in the game for a long time.
Developing the Mini Golf Business
Besides the golf course itself, there are additional developmental costs that must be considered when building a mini golf business. These include:
Other Entertainment and Amenities for the Mini Golf Course
Most mini golf course businesses are not standalone models. Many mini golf course establishments include a snack shack or a place to purchase refreshments. Other more lavish mini golf course grounds may have attached ice cream shops, restaurants, campgrounds, arcade, and other attractions.
Work with Harris Miniature Golf, Inc for Mini Golf Course Design and Construction
If you are thinking of starting a mini golf course business, look no further than Harris Miniature Golf for all your design and construction needs. We custom design courses to not only meet but exceed our clients’ expectations, all while remaining compliant with ADA regulations and accounting for the contours of their land.
How much does it cost to maintain a mini golf course?
Overall, maintenance costs for running a mini-golf course can vary but mostly fall in the $40,000-$70,000 range annually. Now let’s talk about revenue.
How many holes are there in a mini golf course?
Traditional mini-golf courses usually consist of one 18- hole course. However, having two 18-hole courses can be key to gaining repeat business and driving profits up. Having 2-18 hole courses give customers more variety and reduce crowding and lines, which is good for keeping customers around.
How many people play mini golf?
It is estimated that every year over 130 million people play mini-golf, generating a total annual revenue of over $1 billion for course owners. Mini-golf is a lucrative business because it has great potential for growth ...
What are some examples of features and costs to take into account when building a course?
Some examples of features and costs to take into account when building a course include: Water systems like streams, ponds, pumps, and drainage ditches. Water hazards are a popular addition to mini-golf courses. Elevation changes. A flat course is a boring course, some dips and dives add to the experience.
What is flat course?
A flat course is a boring course, some dips and dives add to the experience. Elevation changes can dramatically alter costs. Themes and structures. Depending on how extravagant you want your course to be, building structures to match the theme may cost the most of your building budget. Lighting.
When is mini golf season?
Mini-golf typically has an on season during the warmer spring and summer months and an offseason during the fall and winter. Zooming in even further, mini-golf attendance shows clear peaks and valleys during each individual week, typically being higher during evenings and weekends and slower during weekdays.
Is mini golf recession proof?
The reason why is that mini-golf is virtually recession proof.
7.1 Important Assumptions
History has proven there are two types of businesses that thrive in depressed economic times. These two categories of businesses are alcohol and family entertainment. As far back as the depression of the early 30s, the family entertainment industry has performed well in prosperous times and in economic downturns.
7.2 Break-even Analysis
We see an extremely low variable cost in the Break-even table. While some would consider this an error, we know it to be the beauty of the business. The variable costs are limited to a scorecard (1 cent), a stubby pencil that is used several times, and the replacement of balls (which are used hundreds of times).
7.3 Projected Cash Flow
With a first reading, the projected cash flow numbers appear unrealistic. Allow us to reinforce information given in the notes to the sales forecast.
7.4 Projected Profit and Loss
Estimates for financial projections are prepared with a conservative look at all aspects of the business. We have relied on three external sources for input and validation. We are in contact with two helpful course owners in similar demographic areas. One business has been operating for one year and the other for four years.
7.6 Business Ratios
As noted earlier, this family entertainment business has no inventory and does not do sales on credit. Therefore several ratios normally deemed important by the reader will not show reasonable numbers. The high value for Profit Before Interest and Taxes is not an error.
Does Castle Golf provide carpet?
Castle Golf will provide the suppliers and, whenever possible help you get the best prices for carpet and balls, putters, etc. Another way to look at it is that Castle Golf will come along side you and help you with getting your course built when budgets are tight.
Can you use floodlights in Castle Golf?
But again, it depends upon how much you can contribute and what the hard costs will be. You may choose to use an overhead lighting program with floodlights, a less costly approach that the usual Castle Golf standard approach. We will provide the appropriate electrical plans for your use.
Step 1: Write your Business Plan
After coming up with the idea, the next step in starting your mini golf course should be to write a business plan. The business plan will make you focus on some important aspects of the business, such as who your customers are, how you plan to reach them, projecting sales and expenses, your value proposition to use for marketing, and more.
Step 2: Name the Business
Finding the perfect mini golf course name can be challenging. Not only does the name have to reflect what you do and be appealing to customers, but it also has to be available to use. You can check your state’s website to see if the name is available and register your name.
Step 3: Form a Legal Entity
A legal entity refers to how a business is legally organized to operate. There are four primary business entities to choose from, which include a sole proprietorship, partnership, corporation, and Limited Liability Company (LLC). Each type of entity has its own pros and cons, such as liability exposure, costs, and administrative requirements.
Step 4: Select your Location
You need a location that is convenient and has high traffic for visibility. Additionally, locating a course close to other family attractions or fun centers such as batting cage, go kart track, video arcade, etc., can help generate more income.
Step 5: Apply for Business Licenses and Permits
Some cities require the licensing of places of amusement, which a mini golf course falls under.
Step 6: Find Financing
Coming up with a good business idea and having the skills to run it are one thing but getting the funding to start a mini golf course is another. In order to get a loan, the borrower (s) will need to have good credit and be able to invest 15-25% of their money towards the total start-up costs.
Step 7: Open a Business Bank Account
Keeping your business and personal finances in separate business bank and credit card accounts makes it easier to track the income and expenses of the business.